The IMF praised Ethiopia’s reform efforts under a $3.4 billion loan deal but warned that falling donor support and mounting risks could jeopardize progress.
IMF warns Ethiopia’s reform progress faces donor and debt risks Read More »
The IMF has approved a $261.9 million disbursement to the DRC after completing the first review of its Extended Credit Facility agreement.
IMF completes first review and releases funds to DR Congo Read More »
Ethiopia’s economic reform efforts earn IMF support and $262 million as debt restructuring talks with major creditors near a formal deal.
Ethiopia advances reform efforts with fresh IMF loan support Read More »
Senegal has raised its 2025 budget deficit forecast to 7.82% of GDP due to lower revenue expectations and revised GDP figures, amid ongoing fiscal pressure.
Senegal raises 2025 budget deficit forecast amid fiscal strain Read More »
Senegal’s push for fiscal independence is praised by the IMF though the misreporting issue remains unresolved.
IMF backs Senegal’s self-funding but probe continues Read More »
The four-year Extended Credit Facility (ECF), approved in November 2023, had disbursed just $35 million before being halted
IMF halts Malawi loan after $35M disbursed Read More »
The M23 rebel group, reportedly backed by Rwanda, has made unprecedented advances this year, intensifying a long-standing conflict in the mineral-rich eastern region
Congo’s fight against M23 rebels strains public finances, IMF says Read More »
According to Nigeria’s Debt Management Office, the country spent $4.66 billion on foreign debt servicing last year, with $1.63 billion allocated to the IMF
Nigeria repays $3.4B COVID-19 emergency loan to IMF Read More »
The central bank attributed the widening deficit to a 47.4% surge in the trade deficit, which reached $27.5 billion
Egypt’s current account deficit widens to $11.1B in H1 of 2024 Read More »
Nigeria’s economic reforms have not yet helped poor citizens despite efforts to stabilize the country’s finances according to the IMF.
Tinubu’s reforms leave many Nigerians in poverty Read More »
